The Hawkins-Simon condition is a well-known method used to determine the existence of a unique positive solution of a static Leontief system. A method that is sometimes easier to apply is the spectral radius condition. A derivation of the spectral radius condition is presented, together with a computational method for calculation of the spectral radius of the input-output matrix. In addition, several useful bounds are derived for the spectral radius.
|Number of pages||15|
|Journal||Asia-Pacific Journal of Operational Research|
|Publication status||Published - 2002|